Some operations earn a place on the Cointiverse map through victim reports; Trex Trade arrived by regulator flag. Both routes end at the same coordinates: elevated risk.
Reading the coordinates
Trex Trade claims to operate through multiple entities registered in Saint Vincent and the Grenadines, the United States, Mauritius, and the UK, asserting that it holds a MSB certificate issued by Financial Crimes Enforcement Network(FinCEN) and a license from the Financial Services Commission(FSC) in Mauritius. However, our thorough investigation reveals that no corresponding entities are registered with any of the relevant local regulators or corporate registries, including the Financial Services Authority (FSA) of Saint Vincent and the Grenadines and the Financial Conduct Authority (FCA) of the UK, indicating that these claims are likely fabricated to mislead investors. Therefore, Trex Trade appears to be a scam.
Red flags on the map
- Aggressive outreach through social platforms and messaging apps
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
If you have funds with Trex Trade
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.